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Calculation of Earnings Per Share (Tables) | 6 Months Ended
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Dec. 01, 2018
Earnings Per Share [Abstract] |
Schedule of earnings per share, basic and diluted | The earnings per share (“EPS”) presented in our unaudited consolidated statements of comprehensive (loss) income were based on the following amounts (in thousands, except per share amounts):
|  | Three Months Ended |
|  | December 1, 2018 |  |  | December 2, 2017 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income from continuing operations |  | $ | (304 | ) |  | $ | (304 | ) |  | $ | 172 |  |  | $ | 172 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 658 |  |  |  | 658 |  |  |  | 647 |  |  |  | 647 |
Class B common stock |  |  | 112 |  |  |  | 112 |  |  |  | 116 |  |  |  | 116 |
Undistributed losses |  | $ | (1,074 | ) |  | $ | (1,074 | ) |  | $ | (591 | ) |  | $ | (591 | )
Common stock undistributed losses |  | $ | (916 | ) |  | $ | (916 | ) |  | $ | (501 | ) |  | $ | (501 | )
Class B common stock undistributed losses |  |  | (158 | ) |  |  | (158 | ) |  |  | (90 | ) |  |  | (90 | )
Total undistributed losses |  | $ | (1,074 | ) |  | $ | (1,074 | ) |  | $ | (591 | ) |  | $ | (591 | )
Income from discontinued operations |  | $ | — |  |  | $ | — |  |  | $ | 1,496 |  |  | $ | 1,496 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | — |  |  |  | — |  |  |  | 647 |  |  |  | 647 |
Class B common stock |  |  | — |  |  |  | — |  |  |  | 116 |  |  |  | 116 |
Undistributed earnings |  | $ | — |  |  | $ | — |  |  | $ | 733 |  |  | $ | 733 |
Common stock undistributed earnings |  | $ | — |  |  | $ | — |  |  | $ | 622 |  |  | $ | 622 |
Class B common stock undistributed earnings |  |  | — |  |  |  | — |  |  |  | 111 |  |  |  | 111 |
Total undistributed earnings |  | $ | — |  |  | $ | — |  |  | $ | 733 |  |  | $ | 733 |
Net (loss) income |  | $ | (304 | ) |  | $ | (304 | ) |  | $ | 1,668 |  |  | $ | 1,668 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 658 |  |  |  | 658 |  |  |  | 647 |  |  |  | 647 |
Class B common stock |  |  | 112 |  |  |  | 112 |  |  |  | 116 |  |  |  | 116 |
Undistributed (losses) earnings |  | $ | (1,074 | ) |  | $ | (1,074 | ) |  | $ | 905 |  |  | $ | 905 |
Common stock undistributed (losses) earnings |  | $ | (916 | ) |  | $ | (916 | ) |  | $ | 768 |  |  | $ | 768 |
Class B common stock undistributed (losses) earnings |  |  | (158 | ) |  |  | (158 | ) |  |  | 137 |  |  |  | 137 |
Total undistributed (losses) earnings |  | $ | (1,074 | ) |  | $ | (1,074 | ) |  | $ | 905 |  |  | $ | 905 |
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock weighted average shares |  |  | 10,952 |  |  |  | 10,952 |  |  |  | 10,755 |  |  |  | 10,755 |
Class B common stock weighted average shares, and shares under if-converted method for diluted EPS |  |  | 2,097 |  |  |  | 2,097 |  |  |  | 2,137 |  |  |  | 2,137 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Dilutive stock options |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 34 |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversions |  |  |  |  |  |  | 13,049 |  |  |  |  |  |  |  | 12,926 |
Net (loss) income from continuing operations per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | 0.01 |  |  | $ | 0.01 |
Class B common stock |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | 0.01 |  |  | $ | 0.01 |
Income from discontinued operations per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | — |  |  | $ | — |  |  | $ | 0.12 |  |  | $ | 0.12 |
Class B common stock |  | $ | — |  |  | $ | — |  |  | $ | 0.11 |  |  | $ | 0.11 |
Net (loss) income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | 0.13 |  |  | $ | 0.13 |
Class B common stock |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | 0.12 |  |  | $ | 0.12 |
Note: Common stock options that were anti-dilutive and not included in diluted earnings per common share for the second quarter of fiscal 2019 were 117.
|  | Six Months Ended |
|  | December 1, 2018 |  |  | December 2, 2017 |
|  | Basic |  |  | Diluted |  |  | Basic |  |  | Diluted |
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 127 |  |  | $ | 127 |  |  | $ | 60 |  |  | $ | 60 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 1,306 |  |  |  | 1,306 |  |  |  | 1,290 |  |  |  | 1,290 |
Class B common stock |  |  | 228 |  |  |  | 228 |  |  |  | 231 |  |  |  | 231 |
Undistributed losses |  | $ | (1,407 | ) |  | $ | (1,407 | ) |  | $ | (1,461 | ) |  | $ | (1,461 | )
Common stock undistributed losses |  | $ | (1,198 | ) |  | $ | (1,200 | ) |  | $ | (1,239 | ) |  | $ | (1,239 | )
Class B common stock undistributed losses |  |  | (209 | ) |  |  | (207 | ) |  |  | (222 | ) |  |  | (222 | )
Total undistributed losses |  | $ | (1,407 | ) |  | $ | (1,407 | ) |  | $ | (1,461 | ) |  | $ | (1,461 | )
Income from discontinued operations |  | $ | — |  |  | $ | — |  |  | $ | 1,496 |  |  | $ | 1,496 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | — |  |  |  | — |  |  |  | 1,290 |  |  |  | 1,290 |
Class B common stock |  |  | — |  |  |  | — |  |  |  | 231 |  |  |  | 231 |
Undistributed losses |  | $ | — |  |  | $ | — |  |  | $ | (25 | ) |  | $ | (25 | )
Common stock undistributed losses |  | $ | — |  |  | $ | — |  |  | $ | (21 | ) |  | $ | (21 | )
Class B common stock undistributed losses |  |  | — |  |  |  | — |  |  |  | (4 | ) |  |  | (4 | )
Total undistributed losses |  | $ | — |  |  | $ | — |  |  | $ | (25 | ) |  | $ | (25 | )
Net income |  | $ | 127 |  |  | $ | 127 |  |  | $ | 1,556 |  |  | $ | 1,556 |
Less dividends: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 1,306 |  |  |  | 1,306 |  |  |  | 1,290 |  |  |  | 1,290 |
Class B common stock |  |  | 228 |  |  |  | 228 |  |  |  | 231 |  |  |  | 231 |
Undistributed (losses) earnings |  | $ | (1,407 | ) |  | $ | (1,407 | ) |  | $ | 35 |  |  | $ | 35 |
Common stock undistributed (losses) earnings |  | $ | (1,198 | ) |  | $ | (1,200 | ) |  | $ | 30 |  |  | $ | 30 |
Class B common stock undistributed (losses) earnings |  |  | (209 | ) |  |  | (207 | ) |  |  | 5 |  |  |  | 5 |
Total undistributed (losses) earnings |  | $ | (1,407 | ) |  | $ | (1,407 | ) |  | $ | 35 |  |  | $ | 35 |
Denominator for basic and diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock weighted average shares |  |  | 10,890 |  |  |  | 10,890 |  |  |  | 10,734 |  |  |  | 10,734 |
Class B common stock weighted average shares, and shares under if-converted method for diluted EPS |  |  | 2,114 |  |  |  | 2,114 |  |  |  | 2,137 |  |  |  | 2,137 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Dilutive stock options |  |  |  |  |  |  | 163 |  |  |  |  |  |  |  | 30 |
Denominator for diluted EPS adjusted for weighted average shares and assumed conversions |  |  |  |  |  |  | 13,167 |  |  |  |  |  |  |  | 12,901 |
Income from continuing operations per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | — |  |  | $ | — |
Class B common stock |  | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | — |  |  | $ | — |
Income from discontinued operations per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | — |  |  | $ | — |  |  | $ | 0.12 |  |  | $ | 0.12 |
Class B common stock |  | $ | — |  |  | $ | — |  |  | $ | 0.11 |  |  | $ | 0.11 |
Net income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | 0.12 |  |  | $ | 0.12 |
Class B common stock |  | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | 0.11 |  |  | $ | 0.11 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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